803 S Sullivan, Santa Ana, California 92704, Santa Ana, 92704 - 6 bed, 4 bath
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Santa Ana, California 92704
Analysis of 803 S Sullivan, Santa Ana, California 92704 is currently available with a list price of $3,950,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Santa Ana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1945, this property is explicitly marketed as a development opportunity with the value residing in the 1.45-acre lot. The two existing structures are described as needing 'TLC' and the listing suggests rebuilding or redeveloping as primary options. Aerial images show the lot being used for heavy equipment and vehicle storage, and the lack of interior photos typically indicates that the kitchens and bathrooms are in unmarketable condition. The property meets the criteria for a tear-down as it is over 50 years old with no evidence of major renovations, and its value is based on land potential.
The expansive 1.45-acre flat lot is a rare find in the heart of Santa Ana, offering significant upside for subdivision, multi-unit development, or special-use projects like community facilities.
Ideally situated near the intersection of Main Street and McFadden Avenue, the property provides excellent access to major thoroughfares and local amenities in a high-demand area.
With two existing homes and a massive backyard, the property accommodates various strategies, including renovation for rental income, a complete rebuild, or a large-scale owner-user compound.
The two existing structures, built in 1945, are in need of extensive 'TLC,' which may necessitate substantial capital expenditure for repairs or demolition.
Realizing the property's full potential for subdivision or special-use projects is subject to city approval, which can be a lengthy and uncertain process for developers.
Rare 1.45-Acre Development Opportunity in Prime Santa Ana Location! Exceptional oversized lot—hard to find in the heart of Santa Ana—offering endless potential for developers, investors, or owner-users. Ideally situated near the intersection of Main Street and McFadden Avenue, with convenient access to major streets and surrounding amenities. This expansive 1.45-acre parcel features two existing homes in need of TLC, providing the option to renovate, rebuild, or redevelop. The large, flat lot presents a rare opportunity for potential subdivision or development of multiple units (buyer to verify with city). With its generous size, the property may also be suitable for special-use projects such as a church, temple, or other community-oriented facilities (subject to city approval). Enjoy a massive backyard area with ample space for expansion, parking, or future improvements. Opportunities like this are extremely limited in such a central and desirable location. Don’t miss this unique chance to secure a large parcel with incredible upside potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 2,600 | 1,466 | 92% |
| Lot Size | 63,346 | 6,100 | 98% |
| Price | $3.95M | $970.0K | 98% |
| Price per sq ft | $1.5K | $673 | 98% |
| Built year | 1945 | 1963 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 152 | 2% |
Apr 9, 2026
$3,950,000
Initial Listing
Sep 16, 2016
$1,500,000
Public Record
Jan 17, 1996
$90,000
Public Record